Title
Resolution further amending Resolution number 795 of 2015, as amended, entitled "Resolution authorizing the Mayor and the Directors of the Departments of Public Works, Office of Management and Budget, Finance, and Parks and Recreation to enter into a Lease Agreement with C R JRS CHIP, Inc. d/b/a The First Tee of Pittsburgh at the Bob O'Connor Golf Course at Schenley Park" in order to add an additional $362,531 of funding to the lease authorization.
Body
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. Resolution number 795 of 2015, as amended by resolution number 367 of 2016, is further amended as follows
Section 1. The Mayor and the Directors of the Departments of Public Works, Finance, and Parks and Recreation are hereby authorized to enter into a Lease Agreement or Agreements with The First Tee of Pittsburgh ("TFTP) for a term of twenty (20) years, 2016 through 2035, commencing as of January 1, 2016, for the Bob O'Connor Golf Course at Schenley Park. Pursuant to said Lease, the City will allocate an amount not to exceed Two Hundred Thousand Dollars ($200,000.00) annually for capital improvements and maintenance in the years 2016, 2017, 2018, and 2019, and an amount not to exceed Forty-Four Thousand Dollars ($44,000.00) annually for capital improvements and maintenance in the years 2020 through 2035, and an amount not to exceed Three Hundred Sixty Two Thousand, Five Hundred and Thirty One Dollars ($362,531.00) from budget years 2012 and 2016 for the installation of site utilities. When necessary conditions have been met by TFTP, such City contributions shall be paid from the following chart account:
Budget Year
Department
Project
Amount
2012
400000
4026745712
$ 46,222.85
2016
400000
4026751116
$ 316,308.15
2016
400000
4023845216
$ 200,000.00
2017
400000
4023845217
$ 200,000.00
2018
400000
4023845218
$ 200,000.00
2019
400000
4023845219
$ 200,000.00
2020
400000
4023845220
$ 44,000.00
2021
...
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